Paul Ryan: GOP vice presidential candidate

August 11, 2012 9:10 AM

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Republican presidential candidate, former Massachusetts Gov. Mitt Romney (L) jokes with Rep. Paul Ryan (R-WI) (R) after announcing him as the "next PRESIDENT of the United States" during an event announcing him as his running mate in front of the USS Wisconsin August 11, 2012 in Norfolk, Virginia. Ryan, a seven term congressman, is Chairman of the House Budget Committee and provides a strong contrast to the Obama administration on fiscal policy.

Republican presidential candidate, former Massachusetts Gov. Mitt Romney (L) jokes with Rep. Paul Ryan (R-WI) (R) after announcing him as the "next PRESIDENT of the United States" during an event announcing him

NORFOLK, VA - AUGUST 11: Republican presidential candidate, former Massachusetts Gov. Mitt Romney (L) and U.S. Rep. Paul Ryan (R-WI) (R) wave as Ryan is announced as his running mate aboard the USS Wisconsin August 11, 2012 in Norfolk, Virginia. Ryan, a seven term congressman, is Chairman of the House Budget Committee and provides a strong contrast to the Obama administration on fiscal policy. (Photo by Justin Sullivan/Getty Images) less

NORFOLK, VA - AUGUST 11: Republican presidential candidate, former Massachusetts Gov. Mitt Romney (L) and U.S. Rep. Paul Ryan (R-WI) (R) wave as Ryan is announced as his running mate aboard the USS Wisconsin ... more

NORFOLK, VA - AUGUST 11: Republican presidential candidate, former Massachusetts Gov. Mitt Romney (L) announces Rep. Paul Ryan (R-WI) (R) as his running mate in front of the USS Wisconsin August 11, 2012 in Norfolk, Virginia. Ryan, a seven term congressman, is Chairman of the House Budget Committee and provides a strong contrast to the Obama administration on fiscal policy. (Photo by Win McNamee/Getty Images) less

MILWAUKEE, WI - APRIL 01: Republican Presidential candidate, former Massachusetts Gov. Mitt Romney (R) jokes with U.S. Rep Paul Ryan (C) (R-WI) during a pancake brunch at Bluemound Gardens on April 1, 2012 in Milwaukee, Wisconsin. With less than a week before the Wisconsin primary, Mitt Romney continues to campaign through the state. (Photo by Justin Sullivan/Getty Images) less

MILWAUKEE, WI - APRIL 01: Republican Presidential candidate, former Massachusetts Gov. Mitt Romney (R) jokes with U.S. Rep Paul Ryan (C) (R-WI) during a pancake brunch at Bluemound Gardens on April 1, 2012 in ... more

JOHNSON CREEK, WI - APRIL 01: Republican Presidential candidate, former Massachusetts Gov. Mitt Romney (L) and U.S. Rep. Paul Ryan (R-WI) hold bags of food at a Culver's restaurant on April 1, 2012 in Johnson Creek, Wisconsin. With less than a week before the Wisconsin primary, Mitt Romney continues to campaign through the state. (Photo by Justin Sullivan/Getty Images) less

WASHINGTON, DC - FEBRUARY 17: House Budget Committee Chairman Rep. Paul Ryan (R-WI) walks through the Cannon tunnel on his way to the U.S. Capitol Building, on February 17, 2012 in Washington, DC. Later today the House and Senate are scheduled to vote on the bipartisan deal extending the payroll tax cut and unemployment benefits. (Photo by Mark Wilson/Getty Images) less

WASHINGTON, DC - FEBRUARY 17: House Budget Committee Chairman Rep. Paul Ryan (R-WI) walks through the Cannon tunnel on his way to the U.S. Capitol Building, on February 17, 2012 in Washington, DC. Later today ... more

WASHINGTON, DC - MAY 15: House Budget Committee Chairman U.S. Rep. Paul Ryan (R-WI) speaks at the 2012 Fiscal Summit on May 15, 2012 in Washington, DC. The third annual summit, held by the Peter G. Peterson Foundation, explored the theme "America's Case for Action." (Photo by Brendan Hoffman/Getty Images) less

WASHINGTON, DC - MAY 15: House Budget Committee Chairman U.S. Rep. Paul Ryan (R-WI) speaks at the 2012 Fiscal Summit on May 15, 2012 in Washington, DC. The third annual summit, held by the Peter G. Peterson ... more

WASHINGTON, DC - JULY 18: U.S. House Budget Committee Chairman Rep. Paul Ryan (R-WI) speaks during a news conference after a House Republican Conference meeting July 18, 2012 at the Capitol Hill Club in Washington, DC. House Republicans continued to challenge the Obama Administration on the speed of job creations. (Photo by Alex Wong/Getty Images) less

WASHINGTON, DC - JULY 18: U.S. House Budget Committee Chairman Rep. Paul Ryan (R-WI) speaks during a news conference after a House Republican Conference meeting July 18, 2012 at the Capitol Hill Club in ... more

WASHINGTON, DC - MAY 15: House Budget Committee Chairman U.S. Rep. Paul Ryan (R-WI) speaks at the 2012 Fiscal Summit on May 15, 2012 in Washington, DC. The third annual summit, held by the Peter G. Peterson Foundation, explored the theme "America's Case for Action." (Photo by Brendan Hoffman/Getty Images) less

WASHINGTON, DC - MAY 15: House Budget Committee Chairman U.S. Rep. Paul Ryan (R-WI) speaks at the 2012 Fiscal Summit on May 15, 2012 in Washington, DC. The third annual summit, held by the Peter G. Peterson ... more

GREEN BAY, WI - APRIL 02: Republican Presidential candidate, former Massachusetts Gov. Mitt Romney (L) speaks during a town hall style meeting as U.S. Rep Paul Ryan (R-WI) looks on at Wisconsin Building Supply on April 2, 2012 in Green Bay, Wisconsin. With one day to go before the Wisconsin primary, Mitt Romney makes a final push through the state. (Photo by Justin Sullivan/Getty Images) less

GREEN BAY, WI - APRIL 02: Republican Presidential candidate, former Massachusetts Gov. Mitt Romney (L) speaks during a town hall style meeting as U.S. Rep Paul Ryan (R-WI) looks on at Wisconsin Building Supply ... more

WASHINGTON, DC - MARCH 22: House Budget Chairman U.S. Rep. Paul Ryan (R-WI) arrives for an appearance at the Heritage Foundation March 22, 2012 in Washington, DC. During his remarks, Ryan spoke about the fiscal year 2013 federal budget proposal that he unveiled earlier in the week. (Photo by Win McNamee/Getty Images) less

WASHINGTON, DC - MARCH 22: House Budget Chairman U.S. Rep. Paul Ryan (R-WI) arrives for an appearance at the Heritage Foundation March 22, 2012 in Washington, DC. During his remarks, Ryan spoke about the ... more

WASHINGTON, DC - APRIL 05: U.S. Rep. Paul Ryan (R-WI) (C), chairman of the House Budget Committee, speaks during a news conference April 5, 2011 on Capitol Hill in Washington, DC. House Republicans have unveiled their version of the budget proposal for FY 2012 which would cut government spending $6.2 tillion more in 10 years than the version by the Obama Administration. (Photo by Alex Wong/Getty Images) less

WASHINGTON, DC - APRIL 05: U.S. Rep. Paul Ryan (R-WI) (C), chairman of the House Budget Committee, speaks during a news conference April 5, 2011 on Capitol Hill in Washington, DC. House Republicans have ... more

WASHINGTON, DC - MARCH 27: House Budget Committee Chairman Paul Ryan (R-WI) joins other members of the House GOP leadership for a brief news media availability after a Republican Conference meeting at the U.S. Capitol March 27, 2012 in Washington, DC. Saying that the Democratic-controlled Senate has "done nothing" in three years, Boehner said the House Republicans will introduce a federal budget next week. (Photo by Chip Somodevilla/Getty Images) less

WASHINGTON, DC - MARCH 27: House Budget Committee Chairman Paul Ryan (R-WI) joins other members of the House GOP leadership for a brief news media availability after a Republican Conference meeting at the U.S. ... more

MILWAUKEE, WI - APRIL 03: Republican presidential candidate, former Massachusetts Governor Mitt Romney (L) is introduced by Wisconsin Congressman Paul Ryan at an election-night rally April 3, 2012 in Milwaukee, Wisconsin. According to early results, Romney won the D.C, Maryland and Wisconson primaries today with a total of 98 delegates at stake. (Photo by Scott Olson/Getty Images) less

WASHINGTON, DC - JULY 25: House Budget Committee Chairman Paul Ryan (R-WI) (L) talks with U.S. Rep. Mike Pence (R-IN) as they head to a Republican conference meeting in the basement of the U.S. Capitol July 25, 2011 in Washington, DC. Both Democrats and Republicans in the House and Senate have started the week with a series of caucus meetings to talk about the ongoing budget and debt ceiling negotiations. (Photo by Chip Somodevilla/Getty Images) less

WASHINGTON, DC - JULY 25: House Budget Committee Chairman Paul Ryan (R-WI) (L) talks with U.S. Rep. Mike Pence (R-IN) as they head to a Republican conference meeting in the basement of the U.S. Capitol July ... more

APPLETON, WI - MARCH 30: U.S. Rep. Paul Ryan (R-WI) waves with Republican Presidential candidate and former Massachusetts Gov. Mitt Romney after he introduced Romney at a campaign stop at Lawrence University March 30, 2012 in Appleton, Wisconsin. Wisconsin residents will go to the polls on April 3 to vote for their choice for the Republican presidential nominee. (Photo by Scott Olson/Getty Images) less

APPLETON, WI - MARCH 30: U.S. Rep. Paul Ryan (R-WI) waves with Republican Presidential candidate and former Massachusetts Gov. Mitt Romney after he introduced Romney at a campaign stop at Lawrence University ... more

WASHINGTON, DC - APRIL 26: House Budget Chairman Rep. Paul Ryan (R-WI) is introduced before speaking about "America's Enduring Promise," and the federal budget, in a speech at Georgetown University April 26, 2012 in Washington, DC. During his speech, Ryan said that his proposed budget confronts the nation's growing $15 trillion debt before it impacts future generations of Americans. (Photo by Win McNamee/Getty Images) less

WASHINGTON, DC - APRIL 26: House Budget Chairman Rep. Paul Ryan (R-WI) is introduced before speaking about "America's Enduring Promise," and the federal budget, in a speech at Georgetown University April 26, ... more

WASHINGTON, DC - APRIL 26: House Budget Chairman Rep. Paul Ryan (R-WI) is introduced before speaking about "America's Enduring Promise," and the federal budget, in a speech at Georgetown University April 26, 2012 in Washington, DC. During his speech, Ryan said that his proposed budget confronts the nation's growing $15 trillion debt before it impacts future generations of Americans. (Photo by Win McNamee/Getty Images) less

WASHINGTON, DC - APRIL 26: House Budget Chairman Rep. Paul Ryan (R-WI) is introduced before speaking about "America's Enduring Promise," and the federal budget, in a speech at Georgetown University April 26, ... more

MILWAUKEE, WI - APRIL 03: Republican presidential candidate, former Massachusetts Gov. Mitt Romney (R) is greeted by U.S. Rep Paul Ryan (R-WI) before speaking to supporters during his primary night gathering at The Grain Exchange on April 3, 2012 in Milwaukee, Wisconsin. Mitt Romney addressed supporters after winning primary elections in Wisconsin, Maryland and the District of Columbia. (Photo by Justin Sullivan/Getty Images) less

MILWAUKEE, WI - APRIL 03: Republican presidential candidate, former Massachusetts Gov. Mitt Romney (R) is greeted by U.S. Rep Paul Ryan (R-WI) before speaking to supporters during his primary night gathering ... more

WASHINGTON, DC - JULY 18: U.S. House Budget Committee Chairman Rep. Paul Ryan (R-WI) (C) speaks as House Republican Conference Vice Chairman Rep. Cathy McMorris Rodgers (R-WA) (R) and Rep. Martha Roby (R-AL) listen during a news conference after a House Republican Conference meeting July 18, 2012 at the Capitol Hill Club in Washington, DC. House Republicans continued to challenge the Obama Administration on the speed of job creations. (Photo by Alex Wong/Getty Images) less

WASHINGTON - SEPTEMBER 26: U.S. President George W. Bush (R) speaks as (L-R) Rep. Gregory Meeks (D-NY), Rep. Paul Ryan (R-WI), and Rep. Jim Moran (D-VA) listen during a signing ceremony September 26, 2006 at the White House in Washington, DC. Bush signed H.R. 5684, the United States-Oman Free Trade Agreement Implementation Act during the ceremony. (Photo by Alex Wong/Getty Images) less

WASHINGTON, DC - MARCH 27: House Majority Leader Eric Cantor (R-VA) (L) and House Budget Committee Chairman Paul Ryan (R-WI) (R) listen to Speaker of the House John Boehner (R-OH) as they hold a brief news media availability after a Republican Conference meeting at the U.S. Capitol March 27, 2012 in Washington, DC. Saying that the Democratic-controlled Senate has "done nothing" in three years, Boehner said the House Republicans will introduce a federal budget next week. (Photo by Chip Somodevilla/Getty Images) less

WASHINGTON, DC - MARCH 27: House Majority Leader Eric Cantor (R-VA) (L) and House Budget Committee Chairman Paul Ryan (R-WI) (R) listen to Speaker of the House John Boehner (R-OH) as they hold a brief news ... more